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Book Review: the End of Poverty: Economic Possibilities for Our Time University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Agronomy & Horticulture -- Faculty Publications Agronomy and Horticulture Department 2007 Book Review: The End of Poverty: Economic Possibilities for Our Time Charles Francis University of Nebraska-Lincoln, [email protected] Follow this and additional works at: https://digitalcommons.unl.edu/agronomyfacpub Part of the Plant Sciences Commons Francis, Charles, "Book Review: The End of Poverty: Economic Possibilities for Our Time" (2007). Agronomy & Horticulture -- Faculty Publications. 359. https://digitalcommons.unl.edu/agronomyfacpub/359 This Article is brought to you for free and open access by the Agronomy and Horticulture Department at DigitalCommons@University of Nebraska - Lincoln. It has been accepted for inclusion in Agronomy & Horticulture -- Faculty Publications by an authorized administrator of DigitalCommons@University of Nebraska - Lincoln. Renewable Agriculture and Food Systems: 22(2); 154–155 Book Review The End of Poverty: Economic Possibilities for Our The book expands the theme of ‘clinical economics’ Time. By Jeffrey D. Sachs. 2006. Penguin Books, or careful analysis in a series of chapters dedicated to New York, NY. xviii + 397 pp. US$16.00, ISBN: 0-14- specific national situations in Bolivia, Poland, Russia, 303658-0, paperback. China, India and, lastly, several countries in sub-Saharan Africa, presented roughly in the order of the author’s In what is likely to be a highly controversial book in global own involvement. These are riveting expose´s of the unique economic circles, macro-economist Jeffrey Sachs provides challenges faced by societies with different political a critical analysis of current failed development aid policies histories, natural resource endowments and potential of the World Bank and the International Monetary Fund in access to global trade. Dr Sachs’ personal involvement the eastern block and the Third World. Based on extensive and his descriptions of the leaders with whom he has travel, consulting with governments, and practical experi- counseled make fascinating reading, especially since most ence with both successes and failures, the author provides of this has happened in the past several decades and most convincing evidence that a major shift in assistance policy readers will recognize the names and events. Telling the is needed to alleviate poverty in our time. Yet contrary stories in first person provides a readable and interesting to many who see the challenges in Asia and especially text, although the author’s ego can be a distraction as one Africa as impossible to solve, Sachs provides an impressive grinds through page after page of his personal exploits and agenda of practical solutions that can help the global influence on the course of economic development. Further, community meet the Millennial Goals of reducing poverty. his great discovery that different countries and situations Professor Sachs provides enough historical perspective will require unique solutions may be a revelation to on poverty in general as well as background on the specific development economists, but should be greeted with a country case studies to convince the reader of the soundness yawn by anyone with knowledge of ecology, diversity and of his scholarship. Yet he is no armchair academic. The the importance of place and context. author knows first-hand the challenges that face the poor Where the book excels is in the last eight chapters, where from his visits to villages and families in impoverished a clear path to development is laid out. Modestly named areas of India, Malawi and Ethiopia. At the same time, he and described by Sachs as his ‘Big Plan’ for development, has counseled ministers of state and other national leaders the solutions rightly focus on integrated activities on about their macro-economic problems and has challenged multiple fronts in the battle against poverty. He claims them to seek bold new solutions that will break the chains that piecemeal approaches that look at single factors in of poverty and help people and societies reach the first rung a national economy are unlikely to have major impacts on on the ladder to development. His comprehensive economic development, while he does concede that some interven- research, acquired grasp of agricultural and environmental tions such as oral rehydration therapy and infusion of issues, and exhaustive travel provide credibility to the chemical fertilizers, for example, can help people toward recommendations, and make this a compelling book for better health and increased agricultural production. Again, anyone interested in creative approaches to development this may be news to economists, but agronomists and and solving poverty. ecologists are well aware that all things are connected and The importance of history is chronicled through the past that tweaking one part of the system, whether through two formative centuries, during which a large disparity of introduction of a new wheat variety or establishing export wealth and power developed. Before this time, people were subsidies, alone is unlikely to make much change. But these generally and equally poor in all parts of the world, except shortcomings should not detract the reader from the central for a small elite. Dr Sachs provides analysis of how the message of The End of Poverty. highly developed cultures of China and India fell victim to There is ample evidence provided by Dr Sachs for their own parochial decisions, lack of internal unity, and hope rather than total despair in moving toward solutions limited foresight while the emerging industrial economies to poverty. Although many of the economic details and of western Europe rapidly gained control of the sea and arguments will be difficult for the general reader, he does global trade. Colonies were established that focused on provide some simplified examples at the family and the extraction rather than education and local development, and village levels that demonstrate clearly how a modest the legacy lives on until today in great disparities in wealth investment from outside can make a substantial difference and access to resources. His first three chapters remind the in incomes and human well being. He outlines in very reader of another sweeping analysis of global development, accessible language what needs to be done, and compares Guns, Germs, and Steel by Jared Diamond (Norton, 1997), the required financing on a global scale to what is now an equally over-simplified rendition of history, to be sure, invested in military equipment and adventurism that could but a provoking treatise that stimulates thinking and further be put to much better use in improving the human reading. condition. The author is unforgiving in his assessment of # 2007 Cambridge University Press Book Review 155 the current US administration’s fixation with national long term: declining supplies of fossil fuels and fresh water, security and singular military solutions to stabilize the world loss of farmland to development, unrestrained competition so that a global economy can be assured. within and among countries, among others. We also lack This introduces another major shortcoming in the Big the tools and the will to develop and engage in any other Plan. Although framed in a reformist context compared long-term measure of sustainability. to simplistic efforts at foreign development assistance This said, Dr Sachs’ provocative book The End of in the past, there is an over-reliance on neoclassical Poverty is an essential read for those seriously concerned economics and development of free trade on a global scale about international development and the importance of to guarantee progress for everyone. The author rightly the role of rich countries in this process. It is not an describes the great disparities in wealth that have evolved oversimplification to say that we are all connected, and that over the past several decades as a result of uncontrolled our long-term survival depends on the fortunes of those in capitalism and the rise of multinational corporations. Yet the poorest countries as well as solving the inequities in there is little attention to creative alternatives at the family, income in developed countries. Stabilizing population, landscape and community level, such as local food systems, working within the Earth’s carrying capacity, recognition self-reliant agricultural production systems and other that biodiversity is essential for our own survival, and innovations that are emerging with current research in accepting that we are subject to the same natural laws as agroecology and organic farming. The concerned reader other species must be coupled with a rational approach to would be well advised to explore the opinions of another economics and capitalism for us to truly discover an end economist, Dr John Ikerd, in Sustainable Capitalism: A to poverty and global stability. This book furthers the Matter of Common Sense (Kumarian Press, 2005) to arguments toward broad and sweeping reforms of devel- discover truly creative alternatives. opment aid, while it raises questions about how this should For Dr Sachs and other economists, there is no other happen at the community level. economy, for example based on water, energy, carbon balance or metrics of global climate change. They are Charles A. Francis, University of Nebraska, Lincoln, realists, of course, as our societies are not well enough NE, USA. educated to understand or accept the real constraints in the doi:10.1017/S1742170507001809.
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